Morgan Stanley Upgrades Eni to Overweight, Maintains Price Target to $39.6
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Eni (NYSE:E) from Equal-Weight to Overweight, maintaining the price target at $39.6.
August 29, 2024 | 9:21 am
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POSITIVE IMPACT
Morgan Stanley has upgraded Eni from Equal-Weight to Overweight, indicating a positive outlook on the stock. The price target remains at $39.6.
The upgrade from Equal-Weight to Overweight by Morgan Stanley suggests increased confidence in Eni's performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term. The maintained price target indicates that the analyst sees value at the current price level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100